Management Sub definition
Examples of Management Sub in a sentence
Estimate details for individual files are confidential and cannot be released to other ODOT units or the public, including property owners.Right of way project management activities will conform to ODOT’s PD-03 Project Development Access Management Sub Teams.
The execution, delivery and performance by each of Management, Management Sub and Lessee of this Agreement and the Implementing Agreements to which it is a party and the consummation by it of the Transactions have been duly authorized by all necessary corporate or limited liability company action on the part of it.
Schedule 3.1(t) sets forth each agreement or arrangement between Lessee, any Lessee Subsidiary, Management and Management Sub, on the one hand, and Alter, Biederman, Sunstone, Sunstone OP, or any other Affiliate of Lessee, any Lessee Subsidiary, Management or Management Sub, or any officers, directors, or holders of more than a 10% equity interest in any of the foregoing, on the other hand in excess of $100,000.
Each of Management, Management Sub and Lessee is duly organized, validly existing and in good standing under the laws of its jurisdiction of organization, and has the requisite power and authority to own, lease and operate its properties and to conduct its business as now conducted by it.
To the Knowledge of Lessee, Management or Management Sub, as applicable, no insurer under any such policy has canceled or generally disclaimed liability under any such policy or indicated any intent to do so or to materially increase the premiums payable under or not renew any such policy except for any of the foregoing which, individually or in the aggregate, would not have a Material Adverse Effect.
The Liquor Licenses are legal, valid and binding obligations of Lessee, each Lessee Subsidiary, Management and Management Sub, as applicable, and to the Knowledge of Lessee, Management or Management Sub, as applicable, each other party thereto, enforceable in accordance with their terms.
To the Knowledge of Management, Management Sub or Lessee, as applicable, no default except for defaults that would not have a Material Adverse Effect by any Person exists under the Liquor Licenses, and none of Management, Management Sub or Lessee has received any written notification of any material violation or alleged material violation of any applicable laws or regulations relating to the sale and service of alcoholic beverages which are outstanding and which have not been remedied.
Each of Management, Management Sub and Lessee is qualified to do business and is in good standing as a foreign corporation in all jurisdictions in which it conducts its business, except where the failure to be so qualified would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.
As of the date hereof, the insurance policies maintained with respect to each of Management, Management Sub, Lessee and each Lessee Subsidiary and their respective businesses, assets and properties (the "Insurance Policies") are listed in Schedule 3.1(u).
Schedule 3.1(j)(vi) sets forth, as of the date hereof, the Liquor Licenses for the businesses conducted by Management, Management Sub, Lessee and any Lessee Subsidiary, all of which are held in the names as set forth on Schedule 3.1(j)(vi).